Major insurers plan to drop two car models' coverage due to thefts: report
State Farm and Progressively are reportedly not writing new insurance policies for some models and years of Kia and Hyundai vehicles because of a rise in thefts.
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
Tesla delays plans for second assembly line at Shanghai Gigafactory amid weaker demand: reports
Faced with growing competition from Chinese-based electric vehicle manufacturers, Tesla says it is shelving plans to build a second assembly line at its Shanghai factory.
New York City food policy office says Uber, Lyft must have ‘zero-emission fleet’ by 2030
The office of New York City Mayor Eric Adams says Uber and Lyft must have a 'zero-emission' fleet by 2030 as the city moves to lessen its reliance on fossil fuels.
Toyota president Akio Toyoda to step aside in leadership shakeup
Toyota's president and CEO Akio Toyoda will step aside to become chairman, while Koji Sato, who has been leading the Lexus luxury division and Toyota motor racing, will take over.
Tesla investing $3.6B in Nevada Semi and battery plant
Tesla is expanding its Reno, Nevada-area Gigafactory to mass produce its new Semi truck and next-generation battery packs through a $3.6 billion investment.
General Motors investing $854 million to build V8 engines amid EV shift
General Motors is investing $854 million in four plants to support V8 engine production for the coming years even as it prepares to transform into an all-electric automaker.
Wyoming legislators propose bill to phase out EVs by 2035
Wyoming state legislators presented a bill in the senate and house to phase out electronic vehicles by 2035 to protect the state's economy, largely fueled by fossil fuels.
Ford CEO Jim Farley to race at Daytona
Ford CEO Jim Farley will race a Mustang GT4 at the Roar Before the 24 at Daytona International Speedway, competing in the VP Racing Sportscar Challenge.
Autonomous racing in Las Vegas sees cars hit 180 mph with no human intervention
CES 2023 saw the Indy Autonomous Challenge welcome nine teams from six countries to compete in high-speed races with vehicles independent of human control.
Tesla owners feel 'duped' after company slashes prices
Many Tesla owners are voicing frustration after CEO Elon Musk announced significant price slashes to the massively popular electric cars.
Gas stove ban 'on the table' for federal agency: reports
A federal agency is considering pursuing a ban on gas stoves because of the harmful nature of the particulate matter the appliances emit and health concerns.
Peloton fined $19 million for not reporting treadmill safety issues
Peloton agreed to pay a $19 million fine for failing to disclose defects with its Tread+ treadmill, according to the Consumer Product Safety Commission.
Ram is 'in the game' with electric pickups, CEO says
Ram revealed the 1500 Revolution concept electric pickup at CES Thursday night and said a model will be in production in 2024 to compete with Ford and Chevy models.
Tesla cuts prices in China amid slump in deliveries
Tesla cut prices for its Model 3 and Model Y vehicles in China by 6% to 13.5% on Thursday amid a slump in deliveries, according to the company's website.
Sony unveils prototype EV, Afeela with Honda at CES
Sony and Honda rolled out their prototype EV called the Afeela at the annual CES in Las Vegas.
After Tesla’s terrible year, Musk can make 2023 better
Elon Musk’s electric vehicle maker Tesla has stalled with the stock posting its worst year and month on record. Here's what Musk can do to right the ship.
China’s EV market will slow in 2023. That still leaves it ahead.
China's ev market is likely to slow in 2023 as subsidies expire. Without disounts on electric vehicles, fewer consumers will be able to afford them.
With new EVs arriving, brand loyalty goes out the window
As demand outpaces supply customers jump to the first electric vehicle they can find, sending brand loyalty to an all time low in EV market.
Tesla used car price bubble pops, weighs on new car demand
As more car companies start to produce EVs, Tesla's competitive advantage has dwindled. Tesla's production capacity means that buyers no longer wait months for delivery.